• Updated

Standard Media Group strikes a $64.2 million deal to buy 15 radio stations and 11 television stations from Bill Christian and Mike Reed’s Sound Communications. Also this week, a big-ticket translator sale in Houston. Plus, Randy Michaels is a seller in Michigan. Cumulus downsizes in a Georgia market. And a Terre Haute market morning man becomes the station’s new owner. Check out the details in this week’s Deal Digest. Read more